Bangladesh became the first country to receive funds from the United Nations (UN) for its fast growing solar home systems. The UN Framework Convention for Climate Change (UNFCCC) issued 395286 carbon credits worth 3.56 million US Dollar to two Bangladeshi organisations. Infrastructure Development Company Ltd (IDCOL) and Grameen Shakti are the two organisations that won the carbon credits. The UNFCCC has issued 212482 carbon credits to the IDCOL and 182804 credits to Grameen Shakti.
Solar home systems helps Bangladesh to cut carbon emissions by reducing use of kerosene in rural areas.
Bangladesh is one of the lowest emitters of carbon globally, it has set an example by embracing the clean energy generated from small solar home systems.
Other countries such as Senegal and India are in line to get the fund.
Two Bangladeshi organizations named Infrastructure Development Company Ltd (IDCOL) and Grameen Shakti will be receiving the funds.
IDCOL receives 212482 carbon credits and Grameen Shakti receives 182804 credits from UNFCCC.
IDCOL is a state-owned development financial institution dedicated to promoting and financing infrastructure and renewable energy projects in the country.
Solar home systems helps Bangladesh to cut carbon emissions by reducing use of kerosene in rural areas.
Bangladesh is one of the lowest emitters of carbon globally, it has set an example by embracing the clean energy generated from small solar home systems.
Other countries such as Senegal and India are in line to get the fund.
Two Bangladeshi organizations named Infrastructure Development Company Ltd (IDCOL) and Grameen Shakti will be receiving the funds.
IDCOL receives 212482 carbon credits and Grameen Shakti receives 182804 credits from UNFCCC.
IDCOL is a state-owned development financial institution dedicated to promoting and financing infrastructure and renewable energy projects in the country.
EmoticonEmoticon